CONSOLIDATED STATEMENTS OF INCOME AND RETAINED EARNINGS       
THE SAIKYO BANK, LTD. AND CONSOLIDATED SUBSIDIARIES FOR THE YEARS ENDED MARCH 31, 1999 AND 2000       
　 　 　         　
　
Millions of Yen
 
Thousands of
U.S.Dollars
  1999   2000       2000
INCOME              
INTEREST ON:              
　LOANS AND DISCOUNTS \15,604   \15,156       $142,782
　SECURITIES 2,280   2,002       18,861
　OTHER 2,937   2,123       20,001
FEES AND COMMISSIONS 1,346   1,475       13,897
OTHER OPERATING INCOME 1,641   89       843
OTHER INCOME 1,332
  2,616
      24,651
TOTAL INCOME 25,142   23,463       221,038
               
EXPENSES              
INTEREST ON:              
　DEPOSITS 4,026   2,831       26,678
　BORROWINGS AND REDISCOUNTS 3   1       15
　OTHER 2,208   1,800       16,963
FEES AND COMMISSIONS 976   950       8,957
OTHER OPERATING EXPENSES 1,161   2,286       21,537
GENERAL AND ADMINIStrATIVE EXPENSES 10,929   10,594       99,806
OTHER EXPENSES 5,208
  4,728
      44,547
TOTAL EXPENSES 24,514   23,194       218,507
               
INCOME BEFORE INCOME TAXES
628		  
268		      
2,531
PROVISION FOR INCOME TAXES 704   1,128       10,627
ADJUSTMENT FOR INCOME TAXES △ 291
  △ 912
  　   △ 8,600
NET INCOME 214   53       504
               
RETAINED EARNINGS AT BEGINNING OF YEAR 13,696   16,168       152,320
BONUSES TO DIRECTORS AND STATUTORY AUDITORS 12   8       79
CASH DIVIDENDS 269   269       2,535
trANSFER FROM REVALUATION EXCESS －   10       99
ADJUSTMENT FOR TAX EFFECT OF PRIOR YEARS 2,539
  －
  　   －
RETAINED EARNINGS AT END OF YEAR \16,168
  \15,955
      $150,308
               
               
　 Yen
　 　 　 U. S. Dollars
　 1999 　 2000 　 　   2000
NET INCOME PER SHARE \3.99   \0.85       $0.00
(SEE ACCOMPANYING NOTES.) 　 　 　 　 　 　 　

　

　
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